Key Facts: Cayman Islands Wages
- Country
- Cayman Islands (CYM)
- Continent
- North America
- Currency
- Cayman Islands Dollar (KYD)
- Minimum Wage
- $8.75 /hr ($10.50 USD)
- Standard Work Week
- 40 hours
- Data Source
- Cayman Islands Government — Department of Labour and Pensions
- Last Updated
- 2026-05-04
Cayman Islands — Minimum Wage
Cayman Islands Dollar (KYD) Data verified Jan 2026 Sources
Cayman Islands sets a minimum wage of
$8.75 /hr
It has risen 46% over the past 10 years.
The minimum wage in Cayman Islands is $8.75/hr ($10.50 USD) as of 2026.
The Cayman Islands' minimum wage is among the highest for North America, ranking #7 out of 32 countries with statutory minimum wages. Over the past 10 years, the minimum wage has increased by 46% in nominal terms. The standard work week is 40 hours.
• SECTOR RATES
Tipped worker rate
$6.56 /hr
Applies to employees who regularly receive gratuities
Minimum Wage Trend
Since 2016, the minimum wage has grown +46% in nominal terms.
In Context
At minimum wage, a full-time worker in Cayman Islands earns $1,516.67/mo.
- Monthly (full-time)
- $1,516.67 at min. wage
- USD equivalent
- $1,820.08/mo monthly
- Nominal growth
- +46% since 2016
Wage Breakdown
- Hourly
- $8.75
- Monthly
- $1,516.67Hourly rate × 40 hours/week × 52 weeks / 12 months
- Annual
- $18,200Hourly rate × 40 hours/week × 52 weeks
First increase since minimum wage was introduced in 2016. KYD is pegged to USD at CI$1 = US$1.20 (equivalent to approximately US$10.50/hr). A tipped worker rate of CI$6.56/hr applies.
Work Week
- Standard
- 40 hrs/wk
- Maximum
- 48 hrs/wk
- Overtime
- 1.5x pay
Standard workweek is 40 hours under the Labour Act.
How Cayman Islands Compares
| Metric | Cayman Islands | North America Avg. | North America Highest |
|---|---|---|---|
| Min. wage (USD equiv.) | $10.50/hr | $5.82/hr | $17.13/hr (Bermuda) |
Countries with Similar Minimum Wages
| Country | Min. Wage /hr (USD) |
|---|---|
| Bonaire, Sint Eustatius and Saba | $10.65 |
| Slovenia | $9.73 |
| Andorra | $9.50 |
| Israel | $11.89 |
| Spain | $9.06 |
| Cayman Islands | $10.50 |
Cost of Living
Wages tell half the story. See purchasing power, prices, and quality-of-life context for Cayman Islands on our sister site.
Cost of living in Cayman Islands on costofliving.is →Frequently Asked Questions
What is the minimum wage in Cayman Islands?
The minimum wage in Cayman Islands is $8.75/hr (approximately $10.50 USD), effective since 2026-01-01. First increase since minimum wage was introduced in 2016. KYD is pegged to USD at CI$1 = US$1.20 (equivalent to approximately US$10.50/hr). A tipped worker rate of CI$6.56/hr applies.
How many hours is the standard work week in Cayman Islands?
The standard work week in Cayman Islands is 40 hours, with a legal maximum of 48 hours. Overtime is paid at 1.5x the normal rate. Standard workweek is 40 hours under the Labour Act.
How has the minimum wage in Cayman Islands changed over time?
The minimum wage in Cayman Islands has changed as follows: $6 in 2016, $8.75 in 2026. This represents 2 recorded adjustments.
What is the minimum wage in Cayman Islands in USD?
The minimum wage in Cayman Islands converts to approximately $10.50/hr in US dollars, based on current exchange rates. Actual purchasing power may differ due to local cost of living.
How does Cayman Islands's minimum wage compare to the North America average?
Cayman Islands's minimum wage ranks #7 out of 32 countries with statutory minimum wages in North America, placing it above the median for North America.
From Insights
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